CAN IMPERIAL BK OF COMMERCE (CM.CA) Stock Technical Analysis
TSX:CM - Toronto Stock Exchange - CA1360691010 - Common Stock - Currency: CAD
Overall CM gets a technical rating of 10 out of 10. Both in the recent history as in the last year, CM has proven to be a steady performer, scoring decent points in every aspect analyzed.
The long and short term trends are both positive. This is looking good!
When comparing the yearly performance of all stocks, we notice that CM is one of the better performing stocks in the market, outperforming 83% of all stocks. On top of that, CM also shows a nice and consistent pattern of rising prices.
CM is part of the Banks industry. There are 29 other stocks in this industry. CM outperforms 100% of them.
CM is currently trading near its 52 week high, which is a good sign. The S&P500 Index however is also trading near new highs, which makes the performance in line with the market.
In the last month CM has a been trading in the 91.94 - 100.58 range, which is quite wide. It is currently trading near the high of this range.
CM has an average volume of 3173160 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Although CM has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
83.77
101.04
When analyzing the support we can see 4 important areas.
- A support zone ranging from 98.18 to 98.72. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
- A support zone ranging from 92.61 to 93.66. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Support @87.11 from a horizontal line in the daily time frame.
- Support @84.62 from a trend line in the weekly time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | UP | POSITIVE | The long term trend for CM.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CM.CA is up. |
| ChartMill Relative Strength | 83.78 | POSITIVE | CM.CA has a high relative strength, it outperformed 83.78% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CM.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of CM.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CM.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 77.02 | OVERBOUGHT | The high RSI value suggests CM.CA may be overbought. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.24 | POSITIVE | The MACD value suggests CM.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 95.64 | OVERBOUGHT | The high Stochastics value suggests CM.CA may be overbought. |
| Average True Range in percent/ATR (20) | 1.08 | LOW VOLATILITY | The low ATR as a percentage value for CM.CA suggests low volalility. |
| Average Directional Index/ADX (14) | 46.79 | POSITIVE | The high ADX value value for CM.CA suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
TSX:CM (7/11/2025, 7:00:00 PM)
100.04
-0.3 (-0.3%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorFinancials
GICS IndustryBanks
Performance
% Chg-0.3%
1 Week2.2%
2 Weeks3.98%
1 Month7.65%
3 Month26.17%
6 Month11.66%
12 Month49.34%
2 Year72.25%
3 Year54.43%
5 Year115.77%
10 Year114.08%
15 Year183.4%
Volatility
ATR(14)1.08
ATR(20)%1.08%
ATR Inc-18.14%
Range Today0.69
ADR(20)1.01
ADR(20)%1.01%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS83.78
Mansfield0.78
10 Day High100.58
10 Day Low95.01
20 Day High100.58
20 Day Low91.94
52 Week High100.58
52 Week Low66.82
CS1 End98.72
CR1 StartN/A
Volume & EV
DER(3)3.34%
DER(5)1.65%
Volume2.86M
Volume Incr-3.08%
Vol(5)3.52M
Vol(50)3.17M